please help me with this question ASAP: A research paper reports, “... the sample average ̄Y = 4.8 is statistically different from 2at a 1% level, since its t-statistic is 4.” Suppose you want to test the null hypothesis that the meanof the population is equal to 4.5 against the one-sided alternative that the mean is greater than 4.5.Do you reject this null at a 5% level? Do you reject it at a 10% level?
please help me with this question ASAP: A research paper reports, “... the sample average ̄Y = 4.8 is statistically different from 2at a 1% level, since its t-statistic is 4.” Suppose you want to test the null hypothesis that the meanof the population is equal to 4.5 against the one-sided alternative that the mean is greater than 4.5.Do you reject this null at a 5% level? Do you reject it at a 10% level?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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please help me with this question ASAP:
A research paper reports, “... the sample average ̄Y = 4.8 is statistically different from 2
at a 1% level, since its t-statistic is 4.” Suppose you want to test the null hypothesis that the mean
of the population is equal to 4.5 against the one-sided alternative that the mean is greater than 4.5.
Do you reject this null at a 5% level? Do you reject it at a 10% level?
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